Apple Mac2014 - Budgeting

QuickBooks for Mac 2014 User’s Guide 221
• Can I apply my template format to another template? You can copy and paste fields and other objects to
another template, which will preserve the formatting of the objects. If you are pasting fields into a different
form type (for instance invoice fields into a purchase order), any fields that do not apply to purchase orders will
not be pasted. A template can only have one set of columns, so you cannot copy and paste columns into a
template that already has a set of columns.
Budgeting
QuickBooks for Mac’s budgeting feature isn’t what you’d call mighty, but if you’re needs are minor, it’ll do the job
for you.
Setting up a budget
You can set up a budget for an account or for a customer, job or class within an account. To do so, enter budget
amounts for the income/expense or balance sheet accounts you wish to track. Then you'll be able to track actual
versus budgeted amounts through budget reports. You can have different budgets for different fiscal years, but
you may have only one budget per fiscal year.
To set up a budget:
1 Choose Company > Set Up Budget.
2 Select an Account and fill in the Set Up Budgets window. When you fill in the window, you are setting
up a budget for a single account (balance sheet, income, or expense account). If you also choose a
customer:job or a class, you are setting up a budget for that account and for that customer:job or
class.
o For an income or expense account: Enter the projected amount of income or expense for that
account for each month.
o For a balance sheet account: Enter the projected ending balance of that account for each month.
Tip: As a shortcut to enter an amount for each month, enter the amount for the first month and then click Fill
Down. On the Fill Down window, you can specify a percentage by which the budget will increase for each month. If
you want the budget amount to be the same for each month, leave the percentage at 0%.
To change a budget
1 Choose Company > Set Up Budget. Tip: You can use a printout of your existing budget while you
make the changes. To get a copy, create and print one of these budget overview reports: Budget
Overview, Profit & Loss Budget by Job Overview, or Balance Sheet Budget Overview.
2 For the budget amount you want to change, choose the correct fiscal year, account, customer:job (if
there is one), and class (if there is one).
3 When QuickBooks displays the monthly budget amounts, change the amounts as desired.